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Boston Scientific Corporation Message Board

  • hungtodry hungtodry Jan 1, 2009 2:14 PM Flag

    Founders Floundering... with stock holders cash

    When are 2009 action plans to be announced to stockholders ?

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    • This is a crime. Look at the insider transaction page and every day Nicholas and Abele are selling/dumping shares. This has continued for months. What is the bogus excuse this time? Were they forced to sell to buy very expensive Christmas presents? Maybe it's end of year tax purposes? BS,BS,BS. I've always been told to follow the money and this smells like a giant rat. If the founders are bailing then they know this stock is headed south. Don't want to be the last rat on this sinking ship. 4th qtr earnings must be horid.

      • 1 Reply to qummedup
      • ajh8864 Jan 2, 2009 7:49 PM Flag

        I am so sick of reading Kyle’s postings……….they are really just noise……..

        So for the rest……….turn up the squelch …… and tune this idiot/looser out…….

        Bonus pay for all eligible (contributing) employees remains intact (unlike Kyle)

        Raises for now are postponed until late Q2 when the subject will be revisited.

        Perhaps, it’s a drop in the bucket when looking at the overall cash position of BSX, but it’s better than being in automotive where I did 11 years.

        Given the situation with the economy, most are willing to absorb it; however, it’s tough for so many that have made significant contributions to walk away without a raise. Agreed it sends the wrong message but better than being out of a job.

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